IDBI Bank Software Engineer Salaries by 10 Employees (Updated 2025)

2 - 3 years exp.

₹5.1 Lakhs - ₹16 Lakhs

Low Confidence

Salary of majority employees

16% more than the average Software Engineer Salary in Banking Companies for 2 - 3 years of experience

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Last Updated: 28 Jan 2023

Companies similar to IDBI Bank for Software Engineer

Company name	Avg Annual Salary	Open Jobs
State Bank of India Software Engineer Salary 0 - 4 years exp. (10 salaries)	₹7.6 L/yr - ₹15 L/yr 7% less
HDFC Bank Software Engineer Salary 1 - 7 years exp. (92 salaries)	₹3 L/yr - ₹12.3 L/yr 19% less
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ICICI Bank Software Engineer Salary 0 - 5 years exp. (76 salaries)	₹2.9 L/yr - ₹11.9 L/yr 18% less
Axis Bank Software Engineer Salary 0 - 5 years exp. (66 salaries)	₹2.3 L/yr - ₹10.3 L/yr 29% less
Punjab National Bank Software Engineer Salary 0 - 7 years exp. (3 salaries)	₹1.4 L/yr - ₹8 L/yr 48% less
Bank of Baroda Software Engineer Salary 0 - 4 years exp. (7 salaries)	₹9.9 L/yr - ₹18.2 L/yr 33% more
Canara Bank Software Engineer Salary 2 - 3 years exp. (5 salaries)	₹4 L/yr - ₹4.8 L/yr 49% less
Kotak Mahindra Bank Software Engineer Salary 1 - 7 years exp. (41 salaries)	₹9.9 L/yr - ₹20.4 L/yr 25% more
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Yes Bank Software Engineer Salary 0 - 6 years exp. (22 salaries)	₹2.6 L/yr - ₹9.4 L/yr 46% less
Bank of America Software Engineer Salary 1 - 12 years exp. (1.1k salaries)	₹6.6 L/yr - ₹27.4 L/yr 71% more
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NatWest Group Software Engineer Salary 0 - 10 years exp. (879 salaries)	₹7.8 L/yr - ₹28 L/yr 74% more
Barclays Software Engineer Salary 0 - 7 years exp. (248 salaries)	₹6.5 L/yr - ₹24 L/yr 71% more
Standard Chartered Software Engineer Salary 1 - 7 years exp. (136 salaries)	₹5.5 L/yr - ₹21.5 L/yr 32% more
Deutsche Bank Software Engineer Salary 0 - 6 years exp. (129 salaries)	₹9 L/yr - ₹32 L/yr 98% more	1 job opening
NatWest Markets Software Engineer Salary 0 - 10 years exp. (50 salaries)	₹8 L/yr - ₹24 L/yr 58% more
IDFC FIRST Bank Software Engineer Salary 1 - 4 years exp. (37 salaries)	₹3.7 L/yr - ₹16.1 L/yr 4% less
AU Small Finance Bank Software Engineer Salary 0 - 4 years exp. (33 salaries)	₹3.8 L/yr - ₹16.7 L/yr 1% less
HSBC Global Banking and Markets Software Engineer Salary 0 - 5 years exp. (25 salaries)	₹5 L/yr - ₹11.3 L/yr 25% less
Equitas Small Finance Bank Software Engineer Salary 2 - 4 years exp. (6 salaries)	₹2.9 L/yr - ₹5.1 L/yr 63% less

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Software Engineer salary at IDBI Bank ranges between ₹5.1 Lakhs to ₹16 Lakhs per year for employees with experience between 2 years to 3 years. Salary estimates are based on 10 latest salaries received from various employees of IDBI Bank.

Experience wise IDBI Bank Software Engineer salaries

Last Updated: 28 Jan 2023

Experience	Avg Annual Salary
2 years (6 salaries)	₹5.1 L/yr - ₹16 L/yr
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3 years (4 salaries)	₹7 L/yr - ₹11 L/yr

Similar Designation salaries in IDBI Bank

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(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Senior Software Engineer Salary

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₹7 L/yr - ₹21.6 L/yr

Software Developer Salary

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₹3.25 L/yr - ₹10.5 L/yr

Associate Software Engineer Salary

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₹7 L/yr - ₹18 L/yr

Software Development Engineer Salary

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₹8.1 L/yr - ₹10.4 L/yr

Java Developer Salary

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Team Lead Salary

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₹1.25 L/yr - ₹3.18 L/yr

Senior Associate Salary

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Senior Software Developer Salary

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₹6 L/yr - ₹24 L/yr

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Salary related reviews for IDBI Bank

Assistant Branch Banking Manager in Indore

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 19 Jan 2025

2.0

for Salary and Benefits

Likes

Salary, however little, gets credited on time. There is literally nothing to write.

Job security - Good

Dislikes

Work culture. Needs to work on weekends Extended work hours . No increment. No appreciation for work. Super difficult to get leaves. No flexibility in work hours or days.

Salary - Poor

+5 more

Assistant Manager in Kolkata

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 21 Nov 2024

4.0

for Salary and Benefits

Likes

They offer good salary .

Salary - Good

+1 more

Dislikes

Promotion process is not transparent. Also admin transfers are very harsh for women employees. They do not consider whether an employee is having small kid or pregnant. Very long working hours . Sitting in branches till 8 pm is usual .

Skill development - Poor

+1 more

Senior Branch Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 09 Jul 2024

4.0

for Salary and Benefits

Likes

Young demography. Salary and perks.

Salary - Good

Dislikes

You need to beg to avail your casual leave for one day. Frequent change of transfer policy. And very low probability of promotion. Transfer across the country against the request of the employee putting the personal life of employee and their family members in deep trouble. Irrational targets and pressure for third party products leaving no time to work for the core banking business. You have to forget life and do only work.

Promotions - Poor

+3 more

Assistant Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 18 Mar 2024

5.0

for Salary and Benefits

Likes

They follows IBA salary structure.So every staff gets a good salary.promotions facility are good for executive..after 3 years they promoted to Assistant manager and get a good salary.Bank cultures are good as compared to other private banks like HDFC ,ICICI etc. Leave policy and other facilities are very good for officers .

Salary - Excellent

+3 more

Dislikes

Beside salary nothing is good in this company. 1. Without proper training they send new joiners into branch and tell to do their job . 2.Most of the staffs' work locations are very far way from home locations. It's very problem for your family. 3. Higher managements are very casual and slow for their work. 4 . You could not get proper guidance from higher authority at the beginning of your job. Learning is very hard for this bank

Skill development - Bad

+1 more

Branch Head in Jabalpur

Full Time

Sales & Business Development Department

3.0

• posted on 10 Jan 2025

4.0

for Salary and Benefits

Likes

Overall it good company on the basis of salary structure

Salary - Good

+1 more

Dislikes

There is no appreciation after certain job periods specifically even more than 15 years of experience you will not get the position as per peer group company.

Skill development - Poor

see more salary related reviews

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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IDBI Bank Software Engineer Salary FAQs

What is the salary of Software Engineer at IDBI Bank?

Software Engineer salary at IDBI Bank in India ranges between ₹5.1 Lakhs to ₹16.0 Lakhs for experience between 2 years to 3 years. According to our estimates it is 16% more than the average Software Engineer Salary in India. Salary estimates are based on 10 latest salaries received from various employees of IDBI Bank India.

How does the salary of a Software Engineer at IDBI Bank India compare with the average salary range for this job?

The average salary of a Software Engineer at IDBI Bank is 16% more than the average salary of a Software Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than IDBI Bank to a Software Engineer in India?

Deutsche Bank Software Engineer Salary - ₹9.0 Lakhs to ₹32.0 Lakhs per year
NatWest Group Software Engineer Salary - ₹7.8 Lakhs to ₹28.0 Lakhs per year
Barclays Software Engineer Salary - ₹6.5 Lakhs to ₹24.0 Lakhs per year
Bank of America Software Engineer Salary - ₹6.6 Lakhs to ₹27.4 Lakhs per year
NatWest Markets Software Engineer Salary - ₹8.0 Lakhs to ₹24.0 Lakhs per year

What is the salary of a Software Engineer in companies similar to IDBI Bank in India?

Union Bank of India Software Engineer Salary - ₹10.0 Lakhs to ₹17.0 Lakhs per year
Bank of Baroda Software Engineer Salary - ₹9.9 Lakhs to ₹18.2 Lakhs per year
Standard Chartered Software Engineer Salary - ₹5.5 Lakhs to ₹21.5 Lakhs per year
Kotak Mahindra Bank Software Engineer Salary - ₹9.9 Lakhs to ₹20.4 Lakhs per year
Ujjivan Small Finance Bank Software Engineer Salary - ₹5.5 Lakhs to ₹12.0 Lakhs per year

What is the estimated take home salary of a Software Engineer at IDBI Bank in India?

The estimated take-home salary of a Software Engineer at IDBI Bank ranges between ₹68,825 per month to ₹70,591 per month in India. The take-home salary calculation is based on the average IDBI Bank Software Engineer salary in India which ranges between ₹5.1 Lakhs to ₹16.0 Lakhs per year for employees with experience between 2 years to 3 years. Check how did we calculate take home salary?

What is the notice period for Software Engineer at IDBI Bank?

According to AmbitionBox, 100% of the IDBI Bank Software Engineers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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IDBI Bank Software Engineer Salaries

IDBI Bank Software Engineer salary in India ranges between ₹5.1 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 IDBI Bank latest salaries received from various employees of IDBI Bank.